I will not apply for a credit card if I am not sure about my ability to pay off the credit card debt. I don't think it's necessary. But in fact, there are advantages and disadvantages to applying for a credit card. If you really need it but are unable to seal it, it is recommended not to apply for it. Because it does require repayment, it may even affect your credit.

1. The benefits of applying for a credit card:

1. You can use overdraft for consumption. When you have insufficient funds, you can swipe the card for consumption or withdraw cash.

2. Enjoy the convenience of installment. After a large purchase, you can pay it back slowly in installments.

3. Convenient travel and enjoy discounts. There are many different types of credit cards now. Some have the function of taking the subway and bus, some have discounts for booking air tickets and hotels, and some are convenient for converting foreign exchange when going abroad.

4. It is convenient for financial management and investment. Credit cards have an interest-free period of up to 56 days. During the interest-free period, users do not have to pay interest. Users can use their own money for investment.

5. Points can be redeemed for items. Generally, you will get points when you use a credit card to purchase items. The points can be purchased in the bank points mall.

In addition, it can help users solve their own problems. When applying for a credit card, there is no need to apply for a loan or borrow money from others. There is an interest-free period after using a credit card. During the interest-free period, users can invest the money first and then repay it on the repayment date, which can improve the utilization rate of funds. Credit card issuing banks cooperate with many merchants, and you can get discounts when using credit cards.

2. Disadvantages of applying for a credit card:

1. After applying for a credit card, a credit report will be submitted. Once your credit card is overdue, an overdue record will appear on your credit report, which will affect own credit.

2. It will be stolen. If your credit card is stolen by others, it can easily be stolen and cause losses to yourself.

3. Let your consumption become irrational. If you use a credit card to consume without having to pay it back immediately and pay it back next month, it is easy for people to consume blindly.